Bitcoin ETFs log first net inflows in weeks, while Ether outflows continue
Spot Bitcoin exchange-traded funds (ETFs) in the US snapped a five-week net outflow streak in the trading week ending March 21. Bitcoin (BTC) ETFs clocked a net inflow of $744.4 million — the biggest tally in eight weeks — extending their daily inflow streak to six consecutive days, according to data from SoSoValue. US-based spot […]
Dohrnii Labs accuses Blynex of illegally liquidating token assets
Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan. According to a statement shared with Cointelegraph, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens — valued at more than $500,000 — with Blynex. […]
DWF Labs launches $250M fund for mainstream crypto adoption
Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies. DWF Labs is set to sign two significant investment deals worth $25 million and $10 million as part of the fund. The […]
RSI breaks 4-month downtrend: 5 Things to know in Bitcoin this week
Bitcoin (BTC) heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals. Bitcoin market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows. PCE week coincides with the last full trading week of March, and risk assets are showing a hint of […]
US Treasury argues no need for final court judgment in Tornado Cash case
The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list. In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging the protocol helped launder crypto stolen by North […]
Weekend wrap: Trump pumps, Tornado Cash on MegaETH, solo miner wins $266K and more
TRUMP token rallies after President Trump says it’s “SO COOL” The Official Trump (TRUMP) memecoin linked to US President Donald Trump soared over 12% to $12.25 in 40 minutes on March 23, after the president called it “The greatest of them all” on social media. “I LOVE $TRUMP — SO COOL!!! The Greatest of them […]
Tokenized US gold could ultimately benefit Bitcoin: NYDIG
An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst. Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March […]
UK should tax crypto buyers to boost stock investing, economy, says banker
The UK should begin taxing crypto purchases in a bid to sway Britons to invest in local stocks, which could boost the country’s economy, says the chair of investment bank Cavendish, Lisa Gordon. “It should terrify all of us that over half of under-45s own crypto and no equities,” Gordon told The Times in a […]
Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst
Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst. “Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs, […]
US to return $7M to victims of ‘spoofed’ crypto investment websites
US authorities are seeking to return $7 million to victims of a social engineering scam that tricked them into sending money to fake cryptocurrency investment platforms. The scam involved the fraudsters contacting victims and earning trust before directing them to websites masquerading as legitimate crypto investment platforms, Virginia’s Eastern District US Attorney’s Office said in […]